2-bed · 1,395 sqft5th Avenue, Al Furjan · 2nd floor · completed 2020

207, 5th Avenue

Sold prices and rental history: sold once, by the developer in February 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 13 February 2024
Last soldAED 1.31M13 February 2024
Current rentAED 75K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, 5th Avenue

What is 207 worth today?

Last sold for AED 1,312,411 in 2024

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13 Feb 2024Sold by developerReady
AED 1,312,411AED 940 per sqft
1 Jul 2023RentedRenewal
AED 75,000/yr12 months · AED 54 per sqft
1 Jul 2022RentedRenewal
AED 71,400/yr12 months · AED 50 per sqft
1 Jul 2021RentedNew contract
AED 68,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 13 February 2024.

Key facts

Type
2-bed apartment
Size
1,395 sqft
Floor
2nd of 10
Parking
G-16
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 1.31M · February 2024
Building
5th Avenue

About 207, 5th Avenue

207 is a two-bedroom apartment of 1,395 sqft on the 2nd floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 13 February 2024 for AED 1,312,411, or AED 940 per sqft, in line with the AED 939 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 75,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical two-bed in 5th Avenue
1.4M1.6M20232024202520262027Typical sale price by year: 2023 AED 1,278,950; 2024 AED 1,339,622; 2026 AED 1,600,000Sold by developer, February 2024: AED 1,312,411 (AED 940 per sqft)

207 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 207, each contractTypical two-bed in 5th Avenue
75K100K2021202320252027Typical rent by year: 2021 AED 69,750; 2022 AED 72,488; 2023 AED 75,216; 2024 AED 80,400; 2025 AED 115,000; 2026 AED 112,500New contract, July 2021: AED 68,000 a yearRenewal, July 2022: AED 71,400 a yearRenewal, July 2023: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 5th Avenue, and where 207 sits

All 60 2-beds →

207 last sold in February 2024 at AED 940 per sqft, in line with what two-beds in 5th Avenue were fetching at the time (AED 939). Over the last 12 months two-beds sold for AED 1,600,000 to 1,800,000, around AED 1,168 per sqft, and rent for AED 90,300 to 144,000 a year. 207's AED 75,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,600,000
16 Oct 20261,600,000
27 Jan 20261,800,000
2 Sep 20251,700,000
3 2-bed sales in the last 12 months

5th Avenue

Building

92 apartments, 1-bed to 3-bed over 10 floors in Al Furjan, completed in 2020 by Mr Hussin Meseh Iskandar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,156
Typical sale
AED 1.6M
Typical rent
AED 100K /yr
Typical yield
7.1%
5th Avenue, Al Furjan: prices, sales and rents →

Other units on the 2nd floor

All 92 units in 5th Avenue
Value
2012-bedAED 1.6M · Nov 2026
2023-bedAED 2.15M · Mar 2024
2031-bedAED 777K · Mar 2023
2041-bedAED 1.14M · Nov 2023
2053-bedAED 2.18M · Jul 2024
2062-bedAED 2.02M · Jan 2024
2082-bedAED 1.7M · Dec 2024
1–7 of 9

207, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 13 February 2024 for AED 1,312,411, or AED 940 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 68,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 17,300 a year (AED 12.39 per sqft).
  • Two-beds in 5th Avenue sold for AED 1,600,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,156 per sqft.

Source: Dubai Land Department. Updated 13 February 2024.

Questions about 207, 5th Avenue

What did unit 207 last sell for?

AED 1,312,411 on 13 February 2024, sold by the developer: AED 940 per sqft for 1,395 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 75,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 71,400; the unit has been rented since July 2021.

How big is unit 207?

1,395 sqft (129.6 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2020.

What is unit 207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 5th Avenue sold for AED 1,600,000 to 1,800,000 in the last 12 months, around AED 1,168 per sqft.

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Mortgage on 207, 5th Avenue

Starts from the last sale price (AED 1.31M, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,312,411
Deposit, UAE resident (20%)
AED 262,482
Deposit, non-resident (40%)
AED 524,964
Monthly over 25 years at 3.7%
AED 5,369

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →